After this tender, the company plans another round of 3,000 MW of medium term PPAs to give some relief to stressed power projects as PPAs are required for getting fuel supplies, a Power Ministry official told PTI.

The participants would include ministerial delegations from the member countries of International Solar Alliance and Indian Ocean Rim Association apart from industry representatives from other parts of the world

Today, banks are struggling to get their nearly 1.77 lakh crore of depositors’ money stuck in power projects. These are stranded for various reasons — from lack of fuel to absence of Power Purchase Agreements